Neteller is an e-money transfer service that was established in 1999 by Paysafe, an authorized provider of financial services. Neteller is a global solution that allows you to securely send and receive your funds. The online gambling industry is among the top 5 industries in the world that accept Neteller as a method of payment.
What Is a Neteller Casino?
A Neteller casino is basically just an online casino that supports Neteller payments. You can use Neteller to deposit money into your account at casinos that cooperate with Neteller. Hence the name Neteller casinos. You can also play casino games for real money and choose to have your winnings paid to your Neteller account. This means that you can both deposit and withdraw money using Neteller as your preferred method of payment.
How to Create a Neteller Account
Opening a Neteller account is both a simple and fast process. It takes around 2 minutes and is entirely free, All you need is your basic personal information, an internet connection, and a device with access to the internet. Neteller encrypts your data and stores it securely. Therefore, there’s no need to be concerned with the safety of your personal data during the registration process. If you want to create an account, here’s how you do it:
Step 1: Go to Neteller’s website. Head to Neteller.com. Then, you can select your preferred language from the drop-down menu, and click on the "Join for Free" button at the top of the screen (to the right).
Step 2: Fill out the information. Then, you must enter your first name, last name, country, currency, and e-mail. Then, you need to create a password.
Step 3: Register. Click on the "Register" button.
Step 4: Fill out the additional information. Lastly, you must enter some additional information. That is your address, date of birth, and phone number. Then, you click the "Next" button.
Easy, right? Now, you should be the owner of a Neteller account! You can use it to play at online casinos, make online payments, send money, or buy and sell crypto. Whatever floats your boat!
Neteller Costs and Fees
Typically, online casinos may charge fees for deposits and withdrawals. If you plan to use Neteller as your primary method of payment, you may want to consider playing at Neteller casinos with the lowest possible fees. Luckily, most casinos don’t charge any fees for using Neteller.
Neteller users will still encounter fees for transferring money out of their accounts. So, even if the online casino doesn’t impose charges, you need to be aware that Neteller does. You can review the costs on the Neteller website, but the fee for transferring money is currently below 3% for customers with Standard Neteller accounts.
Interestingly enough, money transfers are free if you qualify for the True account status. Fortunately, achieving True account status is pretty simple. All you need to do is verify your profile and make a deposit into your Neteller account from a credit card, debit card, or bank account. Furthermore, you’ll need to download the Neteller app to an iOS or Android device and log into it. The True User level is a lifetime level, so you’ll never be downgraded to standard account status again.
Neteller Deposits and Withdrawals
You’ll find hundreds of online casinos accepting Neteller as a method of payment. Most casinos support both deposits and withdrawals. But some casinos may only support one or the other. If you’re interested in knowing whether your casino supports both or just one, you can visit the casino’s Banking or Payments page to confirm which payments are supported. This can help you decide if the casino is the right choice for you.
Just remember to be cautious when signing up for welcome bonuses. Some casinos may exclude specific deposit methods from their bonus offers. It would be a pity if you sign up for an online casino only to find out that your preferred deposit method is not accepted for the welcome bonus. But... There are also some casinos that offer special bonuses to players that specifically use Neteller to make their deposits. So, make sure to check if your casino provides such bonuses!
Online casinos tend to place minimum and maximum limits on deposits and withdrawals. But! Don’t worry about losing the balance of your withdrawal if your winnings exceed the maximum withdrawal limit. If this happens, you’ll receive your payouts via multiple payouts instead of a single one.
The Pros and Cons of Neteller
When it comes to online casinos, Neteller provides additional safety since you don’t have to enter your bank or credit card details to complete your transactions. If you’re keen to start playing at Neteller casinos but still unsure about the advantages and disadvantages, consider the pros and cons listed below.
- Transactions are encrypted, private, and secure
- Instant deposits and quick withdrawals
- Compatible with a wide variety of payment methods and credit cards
- Neteller casinos may offer special bonuses
- Charges fees for money leaving and coming into your account
- Some Neteller casinos may charge fees for deposits or withdrawals
- Casinos may impose withdrawal limits
- Not all online casinos support Neteller transactions